Reverence Acquisition Pulls Plug on $300M IPO

Reverence Acquisition in a letter to the SEC said it is withdrawing an offering of 30 million units initially registered almost two years ago.

The SPAC had planned to target fintech companies and financial services businesses, according to the initial .

Reverence Acquisition is led by Chairman and CEO Milton Berlinski, who co-founded Reverence Capital in 2013 after a 26-year career at , where he served as a founding member of the Financial Institutions Group in Investment Banking. Read more.

Source: Reverence Acquisition Pulls Plug on 0M IPO